GMGN is making a fortune.
The biggest winner in the Robinhood Chain ecosystem right now isn’t Pons or Uniswap—it’s GMGN.
Since launching on Robinhood Chain about three months ago, GMGN has generated roughly 24,500 ETH in cumulative fees on the chain, worth more than $66.5 million at current prices.
Even more astonishingly, that’s only the portion coming from Robinhood Chain.
So far, GMGN has generated over $40 million in fees over the past 30 days, with Robinhood Chain contributing about $18.5 million—nearly half.
This may be the business model most worth watching on every blockchain:
Blockchains provide the trading infrastructure, projects like launchpads provide the assets and ways to trade, and trading platforms meet the demand for transactions. In the end, it’s the trading platforms that keep earning fees.
Token issuers make a quick buck, traders take a gamble, and those selling the shovels profit from every gold rush.
The biggest winner in the Robinhood Chain ecosystem right now isn’t Pons or Uniswap—it’s GMGN.
Since launching on Robinhood Chain about three months ago, GMGN has generated roughly 24,500 ETH in cumulative fees on the chain, worth more than $66.5 million at current prices.
Even more astonishingly, that’s only the portion coming from Robinhood Chain.
So far, GMGN has generated over $40 million in fees over the past 30 days, with Robinhood Chain contributing about $18.5 million—nearly half.
This may be the business model most worth watching on every blockchain:
Blockchains provide the trading infrastructure, projects like launchpads provide the assets and ways to trade, and trading platforms meet the demand for transactions. In the end, it’s the trading platforms that keep earning fees.
Token issuers make a quick buck, traders take a gamble, and those selling the shovels profit from every gold rush.